...tion at www.worth1000.com. Copyright © 2008 by Jonathan Zittrain. All rights reserved. Subject to the exception immediately following, this book may n... ... that followed a basic set of rules (either coded for a particular operating system, or respecting the protocols of the Internet). Both overwhelmed th... ...me console is a powerful computer, but, unlike Microsoft’s Windows operating system for PCs, it does not allow just anyone to write software that can ... ...They will not be fixed by some new round of patches to bug-filled PC operating systems, or by abandoning now-ubiquitous Windows for Mac. Rather, they po... ...tility telephone provider, AT&T faced specialized regula- tion from the U.S. Federal Communications Commission (FCC). In 1955, the FCC held that AT&T ... ...led, while Internet domain names representing firms’ identities were not even reserved by those firms. 31 (McDonald’s might be for- given for allowing s... ...onomics of Congestion, 94 G. L.J. 1847, 1878–79 (2006); Kevin Werbach, The Federal Computer Commission, 84 N.C. L. R. 1, 18–22 (2005). 3. See Hush... ...gh there was initial discussion of legislation after the Morris incident, no federal legislation was passed. The Computer Abuse Amendments Act of 1994... ...t has included what might be termed a “tethering rights clause”: “[EchoStar] reserves the rights to alter software, features and/or function- Notes to...

... and India 59 7. Guiding Principles for Building a Stable Global Financial System 75 8. Global Financial Reforms and Developing Countries 101 9. Globa... ...OFCs Offshore Financial Centers OTC Over The Counter PE Private Equity RBI Reserve Bank of India RoA Return on Assets RoE Return on Equity SEC Securit... ...e use of securitization, complex derivative instruments and shadow banking system; excessive leverage in the financial system; poor assessment of risk... ...leverage in the financial system; poor assessment of risk in the financial system; lax regulation and supervision by public bodies arising from belief... ...enders for their predatory lending practices. The crisis began when the US Federal Reserve raised interest rates that had been as low as 1 percent to ... ...or their predatory lending practices. The crisis began when the US Federal Reserve raised interest rates that had been as low as 1 percent to 5.25 per... ... particular, global investment banks were badly hit. In March 2008, the US Federal Reserve re-wrote its rule book to rescue Bear Stearns, the fifth la... ...lar, global investment banks were badly hit. In March 2008, the US Federal Reserve re-wrote its rule book to rescue Bear Stearns, the fifth largest US... ...l banking from investment banking and also led to the establishment of the Federal Deposit Insurance Corporation (FDIC), a government agency which pro...

...30s. The crisis which originated in developed countries quickly spread to developing countries and the rest of the world. The turbulence in financial systems was followed by a significant reduction in real economic activity throughout the world. The crisis has highlighted that financial markets are inherently unstable and market failures have huge economic and social costs...

...ves and the Globalization of Risk 6. Global Financial Crisis and India 7. Guiding Principles for Building a Stable Global Financial System 8. Global Financial Reforms and Developing Countries 9. Global Financial Reforms and Civil Society: A Bottom up Approach...

...ition. © 2002, 2009 Copyright Lidija Rangelovska. All rights reserved. This book, or any part thereof, may not be used or repr... ...ash Flow Projections and the assumptions underlying them. Controls • Accounting systems used; • Methods to price products and services; • Pay... ... orders and shipments; • Keeping of records, filing, archives; • Cost accounting system; • Budgeting and budget monitoring and controls; • Int... ...s and to acquire new clients - money is abundant. These are the functions normally reserved to financial investors: Financial Management The fina... ...management is implemented. 2. To implement continuous financial audit and control systems to monitor the performance of the firm, its flow of fund... ...inancial institutions keep more than 10 percent of their deposits in liquid on-call reserves. Studies repeatedly demonstrated that investors in pyra... ...ne point, the contagion threatened the stability of the entire banking system. The Federal Savings and Loans Insurance Corporation (FSLIC) - which ... ... were never guaranteed by the Treasury, it was widely perceived to be an arm of the federal government. The public was shocked. The crisis acquired ... ...h a special agency, the FHFB. The supervision of the banks was subtracted from the Federal Reserve. The role of the Federal Deposit Insurance Corpo...

...ition. © 2002, 2003 Copyright Lidija Rangelovska. All rights reserved. This book, or any part thereof, may not be used or repr... ...ional - version of the dismal science, people refrain from repeating their mistakes systematically. They seek to optimize their preferences. Altruis... ...ingle stock futures in profiting from the downside. Market - also known as beta or systematic - risk and volatility reflect underlying problems wit... ...torical price charts is often in the eyes of the beholder. In this paper we offer a systematic and automatic approach to technical pattern recogniti... ... ... (It may have been) reduced by one-sided intervention policy on the part of the Federal Reserve which leads investors into the erroneous belief ... ...may have been) reduced by one-sided intervention policy on the part of the Federal Reserve which leads investors into the erroneous belief that the... ...ult. Not so with private debtors. In remarks made by Gary Stern, President of the Federal Reserve Bank of Minneapolis, to the 35th Annual Conferen... ...ot so with private debtors. In remarks made by Gary Stern, President of the Federal Reserve Bank of Minneapolis, to the 35th Annual Conference on Ba... ...mmon, financing risky projects. Badly managed banks pay higher premiums to secure federal deposit insurance. But this disincentive is woefully ina...

... © 2002, 2005 Copyright Lidija Rangelovska. All rights reserved. This book, or any part thereof, may not be used or reproduced in ... .... Metaphors of the Net VII. The Solow Paradox VIII. Decision Support Systems Author: Sam Vaknin Contact Info: palma@unet.com.mk; samvaknin... ... m-commerce) will never take off without it. Enter Amazon. Its "Honour System" is licenced to third party web sites (such as Bartleby.com and Sat... ...money or effect micro-payments, apparently through its patented one-click system. As far as the web sites are concerned, there are two major drawbac... ...he Premium services are closed to the outside world and are the exclusive reserve of Americans. One can get around this virtual ethnic cleansing by ... ... CNN, last August he was slapped with a lawsuit accusing him of violating federal and state Racketeering Influenced and Corrupt Organizations (RICO) ... ...te Racketeering Influenced and Corrupt Organizations (RICO) statutes, the federal Computer Fraud and Abuse Act of 1984, the federal Electronic Commu... ...rnment intervention through legislation and enforcement. The FTC - the US Federal Trade Commission - has taken legal action against more than 100 sp... ...rmer Yugoslavia, e-media in the Czech Republic and so on. But this is the reserve of a minuscule part of society. E-commerce, for instance, is a lon...

...rcial edition. © 2004-7 Copyright Lidija Rangelovska. All rights reserved. This book, or any part thereof, may not be used or repr... ...nd there cannot, therefore, be a universal, or eternal hierarchy. In Western moral systems, the Right to Life supersedes all other rights (includin... ... confused. The pregnancy (and the resulting fetus) are discussed in terms normally reserved to natural catastrophes (force majeure). At times, the ... ...stion? "Thou shalt not kill" is a natural law, it appears in virtually every legal system. It is easily and immediately identifiable. The fact that... ...to another startling conclusion: There is no such thing as a self-consistent moral system. Moral values and obligations often contradict and confli... ...r assume that they are the same. The attempt to claim that moral responsibility is reserved to the human species is self defeating. If it is so, th... ... or dumping as a method to eliminate competitors. Later acts (Clayton, 1914 and the Federal Trade Commission Act of the same year) added forbidden ... ...ere given access to the Justice Department and to the FTC or the right to sue in a federal court and be eligible to receive treble damages. It is... ... to "overcome industry fragmentation". This arguments is highly successful with US federal courts in the last decade. There is an intuitive feeling...